BCG in the News

Forbes

Five Prerequisites for High-Performance Hybrid Work

In her Forbes column, BCG’s Deborah Lovich identifies the most important prerequisites to make sure hybrid work benefits everyone involved. Hybrid work is the future for most offices, but building an effective hybrid workplace involves more than simply setting an organization-wide policy. “Instead of debating the number of days a week you want people in the office and measuring badge swipes, organizations should spend real time and effort making whatever version of hybrid they adopt really work.”

The Edge Singapore

Steering Towards a Sustainable Plastics Ecosystem in Singapore

Writing in The Edge Singapore, BCG’s Arun Rajamani and Marc Schmidt outline how Singapore can build an adaptive circular framework that mitigates the environmental impacts of plastic waste. Given Singapore’s consumption-heavy economy and limited land availability, the authors cite the growing need for public and private stakeholders to develop and deploy innovative solutions for tackling plastics pollution effectively.

Forbes

Organizations Greatly Underestimate How Many of Their Employees Have Disabilities

Forbes spotlights BCG research which reveals that organizations vastly underestimate the percentage of their workforce with disabilities. In a survey of nearly 28,000 employees across 16 countries, some 25% of respondents say they have a disability or health condition—significantly higher than the 4%–7% reported by most companies. Employees with disabilities also report lower levels of inclusion at work, emphasizing the need for organizations to invest in policies and programs that foster a more inclusive environment.

Financial Times

How Rebounding Tourism Will Impact Luxury’s Growth

Commenting in the Financial Times, BCG’s Sarah Willersdorf highlights China’s impact on the growth of the luxury industry in the coming year. Chinese tourism to Europe—a big driver for luxury shopping—is beginning to return but still lags behind pre-pandemic levels. “As China continues to open up, where the tourist traffic flows will be very different,” she notes. Therefore, luxury brands will need to serve Chinese customers in cities outside Europe and the US.

Bloomberg

Addressing the Threat of “Zombie Buildings”

Commenting in Bloomberg, BCG’s Santiago Ferrer discusses why so many US cities are at risk of becoming home to “zombie buildings.” With demand for office space declining, building owners, lenders, and city officials need to work together to bring in new investment, or risk more downtown tenants closing their doors. “This is a call to action that cities need to use their convening power to address,” says Ferrer.

CTV News

Addressing Mental Health in the Workplace

Commenting in CTV News, BCG’s Genevieve Bonin explains the lingering stigma around discussing mental health, particularly among young people. According to a BCG study, five million young professionals in Canada require mental health support. Organizations need to recognize the extent of this crisis, says Bonin, and develop overarching mental health strategies to support all employees.

Forbes

On Becoming a “Head’s Up Jew” at Work

Writing in Forbes, BCG’s Deborah Lovich discusses how she began to embrace a “heads up” approach to sharing her Jewish identity in the workplace. Despite her initial discomfort and fear of discrimination, Lovich was motivated by a sense of solidarity with colleagues to embrace her Jewish identity. “The transition from heads down to heads up made me realize how important it is to have a very broad understanding of workplace diversity and inclusion,” she says. “No two of us are alike. Don’t hide. Celebrate that fact.”

EUROPRESS

Alfonso Abella (BCG): "Hay mucho desconocimiento sobre cómo aplicar la tecnología en el día a día de la empresa"

Alfonso Abella, Managing Director and Senior Partner de Boston Consulting Group, en su última entrevista con Europa Press afirma "La transformación digital no se consigue solo mediante inversión económica en tecnología, sino que buena parte del foco de la compañía se debe poner en cómo la digitalización transforma su modelo de negocio y su modelo operativo".

The Economist

Rethinking the UK’s Green Economy

In The Economist, BCG’s Raoul Ruparel says the United Kingdom is being drawn into a subsidy race as other countries offer incentives to attract clean energy businesses. Ruparel emphasizes that the UK will need to rely on both financial and non-financial incentives if it is to compete with larger economies. “The landscape has shifted,” he says.

Gulf News

Gulf’s Legacy Banks Can Still Recast Themselves into New-Gen Digital Entities

Writing in Gulf News, BCG’s Bhavya Kumar and Martin Blechta outline why many banks are hesitant to fully engage with digital ecosystems. Concerns about cannibalization, the complexities of partner-based initiatives, and risks associated with departing from existing business models make it challenging for institutions to establish digital entities. Kumar and Blechta, however, say that by developing an ecosystem strategy, banks can leverage all the benefits of digital transformation and outperform competitors.

Bloomberg

The Future of the Collectibles Market

Commenting in Bloomberg, BCG’s Sarah Willersdorf discusses the impact of global economic volatility on the high-end collectibles market. Despite a current downturn in the market, she says collectibles will continue to hold their value in the long term. “The expectation is the [market] remains quite strong. It won’t be strong across everything, but it will be driven by the power brands and some more niche independent brands.”

The Wall Street Journal

Why Tech Startups Are Attracting Laid-Off Workers

Commenting in The Wall Street Journal, BCG’s Ruth Ebeling discusses why many recently laid-off employees from big tech companies are now exploring job opportunities at smaller tech startups. A number of tech workers view startups as an opportunity to broaden their skillsets and play a bigger role in decision-making. “While some of them go back into big tech, for others the industry has lost its luster,” Ebeling notes.